Bitcoin will not be used for regular transactions in order to replace FIAT.
I believe that Bitcoin is a store of Value and will be backing future currencies similar to what gold was/is used for.
I believe that the best short/mid term investment is through an ETF in a Tax Free financial vehicle. You get most of the gain of Bitcoin with the convenience of any stock (on/off ramp) and tax sheltered.
By doing this, you can increase your wealth and transfer some of it into “generational wealth” by purchasing BTC and put it on cold storage for your children and your old age.
This is how BTC is supposed to be used.
ne5cio / Nescio
npub1yr…0ja94
2024-03-09 19:11:55
Author Public Key
npub1yrshm58vrwcgxf5guuu6mztsn5z8m6era4g5dq3wlhfdy2h9qntsp0ja94Published at
2024-03-09 19:11:55Event JSON
{
"id": "b508d70e131455305259d6f190cb2756f2e73e01438bb08d0b37a18c261c5da1",
"pubkey": "20e17dd0ec1bb0832688e739ad89709d047deb23ed5146822efdd2d22ae504d7",
"created_at": 1710007915,
"kind": 1,
"tags": [],
"content": "Bitcoin will not be used for regular transactions in order to replace FIAT.\n\nI believe that Bitcoin is a store of Value and will be backing future currencies similar to what gold was/is used for.\n\nI believe that the best short/mid term investment is through an ETF in a Tax Free financial vehicle. You get most of the gain of Bitcoin with the convenience of any stock (on/off ramp) and tax sheltered.\n\nBy doing this, you can increase your wealth and transfer some of it into “generational wealth” by purchasing BTC and put it on cold storage for your children and your old age.\n\nThis is how BTC is supposed to be used.",
"sig": "a1189ccf8ef911141d1a62f200026ceff3664f836e84304cc04933ed3b8ed31d6ffc9f6b97bf1d3e93a468ff7807d5e245575186e7dcf2e8d3ec99e4bb0afe4f"
}